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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
GS

GSGO

ETF / Fund Goldman Sachs Growth Opportunities ETF
$44.70
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Sharia status
NOT COMPLIANT
Screened by look-through to its filed holdings — 98% of portfolio weight covered
Fund look-through

Goldman Sachs Growth Opportunities ETF · Goldman Sachs ETF Trust

54 holdings · as of 2026-05-31 (3.6 months ago) The fund may have traded since. SEC Form N-PORT is filed quarterly and lags the period it covers, so these are the most recent holdings on file, not the fund’s holdings today.

NON-COMPLIANT 7.71% of portfolio weight is in non-compliant holdings, over the 5% threshold.

54 holdings, 51 matched (98% of weight). Portfolio as of 2026-05-31, filed 2026-07-24. Source: SEC Form N-PORT.

0.97% of this portfolio’s income is non-permissible — weighted across holdings, computed over 93% of portfolio weight (46 of 54 holdings). The common approach purifies that proportion of income received — dividends — not of the position’s value. We report the ratio; what to do with it is a question for your own scholar.

61.0% compliant 29.1% questionable 7.7% non-compliant 2.2% unscreened

All holdings (54)
HoldingStatusWeightEvery methodology, and the debt ratio behind it
NVDA NVIDIA CORP COMPLIANT 13.95% AAOIFI0.7% Usmani12.1% Dow Jones Islamic1.0% S&P Shariah1.2% MSCI Islamic12.1% MSCI Islamic M-Series1.2% FTSE Shariah10.4%
MSFT MICROSOFT CORP QUESTIONABLE 9.88% AAOIFI1.5% Usmani7.5% Dow Jones Islamic1.7% S&P Shariah1.8% MSCI Islamic7.5% MSCI Islamic M-Series1.8% FTSE Shariah5.3%
AAPL APPLE INC COMPLIANT 7.19% AAOIFI1.8% Usmani21.5% Dow Jones Islamic2.2% S&P Shariah2.4% MSCI Islamic21.5% MSCI Islamic M-Series2.4% FTSE Shariah21.5%
AMZN AMAZON.COM INC QUESTIONABLE 5.19% AAOIFI8.2% Usmani22.1% Dow Jones Islamic9.6% S&P Shariah10.6% MSCI Islamic20.9% MSCI Islamic M-Series10.6% FTSE Shariah12.1%
GOOG ALPHABET INC QUESTIONABLE 4.82% AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9%
META META PLATFORMS INC QUESTIONABLE 3.81% AAOIFI7.2% Usmani25.0% Dow Jones Islamic7.0% S&P Shariah7.9% MSCI Islamic25.0% MSCI Islamic M-Series7.9% FTSE Shariah18.6%
AVGO BROADCOM INC COMPLIANT 3.42% AAOIFI3.8% Usmani32.5% Dow Jones Islamic4.4% S&P Shariah5.5% MSCI Islamic32.5% MSCI Islamic M-Series5.5% FTSE Shariah32.5%
GOOG ALPHABET INC QUESTIONABLE 3.08% AAOIFI2.9% Usmani13.1% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic12.8% MSCI Islamic M-Series4.5% FTSE Shariah10.9%
LLY ELI LILLY & COMPANY COMPLIANT 3.04% AAOIFI5.2% Usmani38.6% Dow Jones Islamic6.4% S&P Shariah6.9% MSCI Islamic38.6% MSCI Islamic M-Series6.9% FTSE Shariah38.6%
AMD ADVANCED MICRO DEVICES INC COMPLIANT 2.43% AAOIFI0.5% Usmani5.1% Dow Jones Islamic1.2% S&P Shariah1.3% MSCI Islamic5.1% MSCI Islamic M-Series1.3% FTSE Shariah3.8%
MA MASTERCARD INC COMPLIANT 2.15% AAOIFI4.9% Usmani42.7% Dow Jones Islamic37.5% S&P Shariah40.1% MSCI Islamic42.7% MSCI Islamic M-Series40.1% FTSE Shariah42.7%
TSLA TESLA INC COMPLIANT 1.98% AAOIFI1.1% Usmani10.8% Dow Jones Islamic1.3% S&P Shariah1.5% MSCI Islamic10.6% MSCI Islamic M-Series1.5% FTSE Shariah6.1%
PANW PALO ALTO NETWORKS INC COMPLIANT 1.80% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
TRGP TARGA RESOURCES CORP NON_COMPLIANT 1.56% AAOIFI31.5% Usmani71.4% Dow Jones Islamic46.4% S&P Shariah55.1% MSCI Islamic68.7% MSCI Islamic M-Series55.1% FTSE Shariah68.7%
MRVL MARVELL TECHNOLOGY INC COMPLIANT 1.53% AAOIFI2.7% Usmani19.2% Dow Jones Islamic5.6% S&P Shariah6.5% MSCI Islamic19.2% MSCI Islamic M-Series6.5% FTSE Shariah18.0%
COST COSTCO WHOLESALE CORP QUESTIONABLE 1.51% AAOIFI2.0% Usmani9.4% Dow Jones Islamic1.9% S&P Shariah2.1% MSCI Islamic9.4% MSCI Islamic M-Series2.1% FTSE Shariah6.6%
GE GE AEROSPACE NON_COMPLIANT 1.45% AAOIFI6.1% Usmani16.1% Dow Jones Islamic7.4% S&P Shariah8.6% MSCI Islamic16.1% MSCI Islamic M-Series8.6% FTSE Shariah15.3%
MU MICRON TECHNOLOGY INC COMPLIANT 1.44% AAOIFI0.6% Usmani6.7% Dow Jones Islamic1.8% S&P Shariah2.4% MSCI Islamic4.8% MSCI Islamic M-Series2.4% FTSE Shariah4.3%
COHR COHERENT CORP COMPLIANT 1.35% AAOIFI6.0% Usmani19.3% Dow Jones Islamic12.1% S&P Shariah15.9% MSCI Islamic19.3% MSCI Islamic M-Series15.9% FTSE Shariah17.6%
ODFL OLD DOMINION FREIGHT LINE INC COMPLIANT 1.26% AAOIFI0.1% Usmani0.3% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic0.3% MSCI Islamic M-Series0.1% FTSE Shariah0.3%
APP APPLOVIN CORP COMPLIANT 1.22% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
ROK ROCKWELL AUTOMATION INC COMPLIANT 1.20% AAOIFI6.1% Usmani26.4% Dow Jones Islamic7.6% S&P Shariah8.1% MSCI Islamic26.4% MSCI Islamic M-Series8.1% FTSE Shariah23.2%
KLAC KLA CORP COMPLIANT 1.19% AAOIFI2.5% Usmani34.3% Dow Jones Islamic4.0% S&P Shariah4.7% MSCI Islamic34.3% MSCI Islamic M-Series4.7% FTSE Shariah32.8%
ROST ROSS STORES INC COMPLIANT 1.10% AAOIFI6.4% Usmani29.7% Dow Jones Islamic8.5% S&P Shariah9.2% MSCI Islamic29.7% MSCI Islamic M-Series9.2% FTSE Shariah6.4%
JP MORGAN CHASE & COMPANY UNSCREENED 1.09% no in-house ratios for this holding
URI UNITED RENTALS INC COMPLIANT 1.07% AAOIFI27.5% Usmani59.2% Dow Jones Islamic32.5% S&P Shariah35.6% MSCI Islamic58.1% MSCI Islamic M-Series35.6% FTSE Shariah53.3%
GEV GE VERNOVA INC COMPLIANT 1.07% AAOIFI1.1% Usmani3.5% Dow Jones Islamic1.7% S&P Shariah2.0% MSCI Islamic3.5% MSCI Islamic M-Series2.0% FTSE Shariah3.5%
ETN EATON CORP PLC COMPLIANT 0.98% AAOIFI13.4% Usmani38.0% Dow Jones Islamic15.6% S&P Shariah16.9% MSCI Islamic38.0% MSCI Islamic M-Series16.9% FTSE Shariah36.7%
DDOG DATADOG INC NON_COMPLIANT 0.97% AAOIFI1.7% Usmani16.9% Dow Jones Islamic2.4% S&P Shariah2.6% MSCI Islamic16.9% MSCI Islamic M-Series2.6% FTSE Shariah13.1%
AXON AXON ENTERPRISE INC COMPLIANT 0.95% AAOIFI4.4% Usmani24.5% Dow Jones Islamic4.0% S&P Shariah4.9% MSCI Islamic24.5% MSCI Islamic M-Series4.9% FTSE Shariah23.1%
ISRG INTUITIVE SURGICAL INC COMPLIANT 0.93% AAOIFI0.0% Usmani0.0% Dow Jones Islamic0.0% S&P Shariah0.0% MSCI Islamic0.0% MSCI Islamic M-Series0.0% FTSE Shariah0.0%
MLM MARTIN MARIETTA MATERIALS INC COMPLIANT 0.92% AAOIFI17.5% Usmani29.8% Dow Jones Islamic18.4% S&P Shariah18.9% MSCI Islamic29.8% MSCI Islamic M-Series18.9% FTSE Shariah27.9%
BROS DUTCH BROS INC COMPLIANT 0.86% AAOIFI9.8% Usmani35.8% Dow Jones Islamic8.0% S&P Shariah9.4% MSCI Islamic23.6% MSCI Islamic M-Series9.4% FTSE Shariah5.9%
NET CLOUDFLARE INC NON_COMPLIANT 0.83% AAOIFI0.3% Usmani4.0% Dow Jones Islamic0.4% S&P Shariah0.5% MSCI Islamic4.0% MSCI Islamic M-Series0.5% FTSE Shariah0.0%
BSX BOSTON SCIENTIFIC CORP COMPLIANT 0.82% AAOIFI19.4% Usmani27.9% Dow Jones Islamic10.0% S&P Shariah10.9% MSCI Islamic27.9% MSCI Islamic M-Series10.9% FTSE Shariah27.9%
GH GUARDANT HEALTH INC COMPLIANT 0.82% AAOIFI7.8% Usmani88.7% Dow Jones Islamic17.9% S&P Shariah23.1% MSCI Islamic88.7% MSCI Islamic M-Series23.1% FTSE Shariah78.6%
PLTR PALANTIR TECHNOLOGIES INC QUESTIONABLE 0.82% AAOIFI0.1% Usmani1.8% Dow Jones Islamic0.1% S&P Shariah0.1% MSCI Islamic1.8% MSCI Islamic M-Series0.1% FTSE Shariah0.0%
HD HOME DEPOT INC (THE) COMPLIANT 0.81% AAOIFI18.6% Usmani56.1% Dow Jones Islamic16.3% S&P Shariah17.0% MSCI Islamic53.3% MSCI Islamic M-Series17.0% FTSE Shariah44.5%
SNOW SNOWFLAKE INC COMPLIANT 0.76% AAOIFI0.4% Usmani5.5% Dow Jones Islamic0.7% S&P Shariah0.8% MSCI Islamic5.5% MSCI Islamic M-Series0.8% FTSE Shariah0.0%
BAC BANK OF AMERICA CORP NON_COMPLIANT 0.75% AAOIFI77.5% Usmani9.7% Dow Jones Islamic95.9% S&P Shariah105.7% MSCI Islamic9.7% MSCI Islamic M-Series105.7% FTSE Shariah9.7%
ROIVANT SCIENCES LTD UNSCREENED 0.74% no in-house ratios for this holding
COF CAPITAL ONE FINANCIAL CORP NON_COMPLIANT 0.71% AAOIFI38.5% Usmani7.6% Dow Jones Islamic49.3% S&P Shariah60.5% MSCI Islamic7.6% MSCI Islamic M-Series60.5% FTSE Shariah7.6%
MSI MOTOROLA SOLUTIONS INC COMPLIANT 0.69% AAOIFI12.4% Usmani50.0% Dow Jones Islamic13.4% S&P Shariah14.5% MSCI Islamic50.0% MSCI Islamic M-Series14.5% FTSE Shariah46.9%
JNJ JOHNSON & JOHNSON COMPLIANT 0.66% AAOIFI7.6% Usmani24.4% Dow Jones Islamic10.9% S&P Shariah11.7% MSCI Islamic24.4% MSCI Islamic M-Series11.7% FTSE Shariah24.4%
ZS ZSCALER INC COMPLIANT 0.65% AAOIFI7.7% Usmani23.6% Dow Jones Islamic5.6% S&P Shariah5.9% MSCI Islamic23.6% MSCI Islamic M-Series5.9% FTSE Shariah21.6%
SHW SHERWIN-WILLIAMS COMPANY (THE) COMPLIANT 0.64% AAOIFI18.0% Usmani52.7% Dow Jones Islamic16.6% S&P Shariah17.3% MSCI Islamic52.7% MSCI Islamic M-Series17.3% FTSE Shariah44.8%
DASH DOORDASH INC COMPLIANT 0.63% AAOIFI3.6% Usmani16.9% Dow Jones Islamic3.9% S&P Shariah4.5% MSCI Islamic16.9% MSCI Islamic M-Series4.5% FTSE Shariah13.9%
ARGX ARGENX SE COMPLIANT 0.59% AAOIFI Usmani Dow Jones Islamic S&P Shariah MSCI Islamic MSCI Islamic M-Series FTSE Shariah
WING WINGSTOP INC NON_COMPLIANT 0.59% AAOIFI41.6% Usmani193.4% Dow Jones Islamic17.4% S&P Shariah16.3% MSCI Islamic193.4% MSCI Islamic M-Series16.3% FTSE Shariah184.0%
IOT SAMSARA INC COMPLIANT 0.58% AAOIFI0.3% Usmani2.5% Dow Jones Islamic0.3% S&P Shariah0.3% MSCI Islamic2.5% MSCI Islamic M-Series0.3% FTSE Shariah0.0%
SPOT SPOTIFY TECHNOLOGY SA NON_COMPLIANT 0.45% AAOIFI1.6% Usmani9.7% Dow Jones Islamic1.5% S&P Shariah1.9% MSCI Islamic9.7% MSCI Islamic M-Series1.9% FTSE Shariah9.7%
TKO TKO GROUP HOLDINGS INC NON_COMPLIANT 0.41% AAOIFI12.7% Usmani30.5% Dow Jones Islamic14.3% S&P Shariah17.0% MSCI Islamic28.8% MSCI Islamic M-Series17.0% FTSE Shariah28.5%
GOLDMAN SACHS TRUST UNSCREENED 0.36% no in-house ratios for this holding
WCN WASTE CONNECTIONS INC COMPLIANT 0.32% AAOIFI16.4% Usmani44.9% Dow Jones Islamic21.4% S&P Shariah22.2% MSCI Islamic44.9% MSCI Islamic M-Series22.2% FTSE Shariah43.4%

The published standards disagree about this fund by 22 points of portfolio weight — 86.5% of it passes AAOIFI, 65.0% passes MSCI Islamic. Which number is yours depends on which standard you follow.

These bars are the financial-ratio result under each standard — debt, receivables and interest income. They do not screen what the business does, so a holding can pass every ratio here and still be questionable or non-compliant on activity. The blended verdict above accounts for both.

ratios pass on 86.5% ratios fail on 6.2% 7.3% not rated under AAOIFI

50 of 54 listed holdings carry our own per-methodology verdicts (98% of weight). The rest hold a provider verdict with no methodology breakdown, and are counted as rated by none. Of those, 47 (94% of weight) also carry the underlying debt ratio; the rest show a verdict without the figure behind it.

Non-compliant holdingWeight
TRGP TARGA RESOURCES CORP 1.56%
GE GE AEROSPACE 1.45%
DDOG DATADOG INC 0.97%
NET CLOUDFLARE INC 0.83%
BAC BANK OF AMERICA CORP 0.75%
COF CAPITAL ONE FINANCIAL CORP 0.71%
WING WINGSTOP INC 0.59%
SPOT SPOTIFY TECHNOLOGY SA 0.45%
TKO TKO GROUP HOLDINGS INC 0.41%

Methodology breakdown computing — it will appear here on its own.

🕌Open research, not a fatwa — verify with your own scholar.

Trade setup

Whether the technical picture shows an edge right now. Separate from the Sharia verdict, which this side never overrides.

SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Why this signal?

The factors behind the read, each shown with the figure it rests on, including the ones pointing the other way.

Structure2 of 4 timeframes bullish · 70.6% aligned
VWAPPrice holding above VWAP ($44.01)
VolumeRelative volume 3.4× the 20-day average
Momentum10-day rate of change +1.5%

GSGO (GSGO) is currently considered not halal (non-compliant), per our own look-through to its filed holdings. See its filed holdings and the weight breakdown below for the reasoning.

Market & analysts
Momentum (10d)
+1.5%
rate of change
SMC grade
C · 53
70.6% aligned
NON-COMPLIANT
Sharia compliance
C · 53
SMC grade — 70.6% timeframe alignment
+1.5%
Rate of change (10d)

🕌 In-house Compliance Research

Computing the full ratio and business-activity breakdown for GSGO — this runs off the critical path so the page paints first. It will appear here on its own.

45.5042.9140.3137.7235.132025-11-172026-04-212026-09-18

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
44.14
S2
44.23
S1
44.33
PIVOT
44.41
R1
44.52
R2
44.60
R3
44.71

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally below. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

7-day expected range
43.51 45.88
±2.66% from 44.70, made 2026-09-18 · resolves 2026-09-25
STRONG BUY
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 51030 forecast(s) are currently open and will be scored automatically when their horizon expires.

Technical Summary

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

STRONG BUY
19 indicators
OscillatorsNEUTRAL
3 buy · 1 neutral · 3 sell
Moving averagesSTRONG BUY
12 buy · 0 neutral · 0 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)56.40NEUTRAL
Stochastic %K (14)100.00SELL
CCI (20)122.57SELL
Williams %R (14)0.00SELL
MACD (12,26,9)0.04BUY
ROC (10)1.50BUY
Momentum (10)0.66BUY
EMA (10)44.11BUY
SMA (10)44.08BUY
EMA (20)44.09BUY
SMA (20)44.04BUY
EMA (30)44.07BUY
SMA (30)44.30BUY
EMA (50)43.93BUY
SMA (50)43.93BUY
EMA (100)43.32BUY
SMA (100)43.75BUY
EMA (200)41.55BUY
SMA (200)41.51BUY

About GSGO

The fund invests, under normal circumstances, at least 80% of its net assets plus any borrowings for investment purposes (measured at the time of purchase) (“Net Assets”) in equity securities. Although it invests primarily in publicly traded U.S. securities, it may invest up to 20% of its Net Assets in foreign securities, including securities of issuers in countries with emerging markets or economies (“emerging countries”) and securities quoted in foreign currencies. The fund may invest in companies of any market capitalization. The fund is non-diversified.

Background via Yahoo Finance — informational, not part of the verdict.

Grade verdict

Average — needs more confirmation before sizing up

SMC — Top Down

Market structure by timeframe, read from real bars. A bias per timeframe rather than a forecast — timeframes disagreeing is information, not noise.

TimeframeBiasBars
📅 Daily BULLISH 44
🕐 1H BEARISH 17
⏱ 15-Min BULLISH 70
⏲ 5-Min RANGING 212

Momentum & Volume

Rate of change and relative volume against this symbol's own recent history. Momentum describes what price has done; it is not a claim about what it will do.

0.09
MACD (BULLISH)
$44.42
Volume POC (today)
$44.41 – $44.58
Value area

Peer Movement

How the rest of the sector moved over the same window. Context for a price move, never a cause of one.

Peer movement computing — it will appear here on its own.

Before you act on this

The questions worth asking about any verdict on this page, answered plainly.

Is a fund screened on its name?

No. HTR reads the fund's filed holdings and screens each one, then reports the result by weight. A fund marketed as Islamic still gets the same look-through as any other.

What does unrated weight mean?

It is the share of the fund whose holdings HTR cannot cover far enough to rate. It is reported as unrated rather than counted as compliant, because a holding nobody screened should not look like one that passed.

Does the issuer's board make it compliant?

It matters, and it is noted, but it does not replace the look-through. The board's judgement and the holdings screen are shown separately so you can see when they agree and when they do not.

How often is this re-screened?

When the fund files new holdings, and on a rolling basis besides. The date on the verdict above is the last time this fund was actually recomputed.

Open research, not a fatwa. HTR applies published screening standards to filings and publishes what they say, including when they disagree. Nothing here is financial advice or a recommendation to buy or sell. Verdicts can change when new filings land.

Compare with

Same screen, different answers. Comparison is where the standards disagreeing becomes useful rather than confusing.

Peer screening computing — it will appear here on its own.

Insider Activity (90d)

Insider transactions reported in the last ninety days. Insiders sell for reasons that have nothing to do with a view, so a sale on its own is not a signal.

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

The weekly CFTC Commitments of Traders report for the broad market it tracks, not for this symbol. Positioning context for the tape — it says nothing about this company.

NEUTRAL   report date 2026-09-15 · Asset managers net 904684 (-7677)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.